Saturday, August 28th, 2010
The growth of the British economy in the second quarter was revised up, the country with even its strongest pace of growth in over nine years, according to data released Friday by the Office for National Statistics (ONS), but Analysts doubt that this improvement continues. The gross domestic product ...
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Friday, July 23rd, 2010
Only seven of the 91 European banks subject to stress tests have failed and may need 3.5 billion euros of additional capital, according to test results released Friday by the Committee of European Banking Supervisors (CEBS). Five Spanish banks, Civica Cajasur, Unnim, and Espiga Diada, a Greek bank, Atebank ...
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Friday, July 9th, 2010
It is too early to declare that the financial crisis is over, says the president of the European Central Bank Jean-Claude Trichet. "The events of recent months have shown clearly that it was too early to declare the crisis over," he said at a conference organized by the Center ...
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Tuesday, June 22nd, 2010
5:12 p.m. For 20 minutes this are the lawyers for shareholders who have succeeded at the helm. They ask how Societe Generale could compensate its shareholders. Button, "unfortunately," says he can not do anything because it "is not responsible for everything, and certainly not that." As his doctors told ...
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Wednesday, March 24th, 2010
Growth has accelerated sharply in the French manufacturing industry in March but has slowed in services, according to the PMI survey published by Markit Economics. The composite index - which includes the two sectors - fell to 55.2 in draft form, its lowest level in six months, against 55.6 ...
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Wednesday, March 24th, 2010
GDF Suez announced having reached an agreement to sell the Belgian Publigas the 38.5% it holds in Fluxys through its subsidiary Electrabel, amounting to 636 million euros. In a statement, GDF Suez said that following the transaction group of public utilities Publigas hold 89.97% in Fluxys.GDF Suez has meanwhile ...
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